Will ongoing memecoin mania lead to a new ‘asset class’?

Will ongoing memecoin mania lead to a new ‘asset class’?

full version at ambcrypto
Here's the reason behind memecoins' $50.8 billion market cap and 1300% returns.

Recent conversions

32000 KRW to CAD 25 MATIC to USD 1 NGN to NAD 0.0315 BTC to AUD 1 RYO to AUD 30 BTC to NOK 50000 CFA to BTC 27 BTC to NOK 0.35 SOL to CAD 0.09 SOL to GBP 1 INR to JMD